Do you think that it’s possible to define a general business model for all the private equity industry or we can only think to a different business model for each investor?

as a reasonably successful self-published author i wrote a lengthy blog about a new business model for the book undustry, it being modeled on ASCAP payments for musicians and composers. you can see it all here with link to eco libris where the discussion and comments went on–

http://justinlocke.typepad.com/art_and_commerce_justin_l/2009/02/intellectual-property-rights-in-used-books-the-discussion-continues.html

this had more to do with intellectual property rights in the resale of used books. in england authors get payments for each checkout from a library, and a precedent, in europe painters get a percentage of reales of their paintings.

but beyond that, the book business relies too much on a finite number of bookworms rather than encouraging book buying by those who don’t normally buy books. take it from one who knows, the big publishers and distributors are still using quill pens and are a deer in the headlights when it comes to new technology. I have bypassed them completely and actually make money selling books. and boy is it fun.

see my website for videos, etc if you are interested, i have a new book on creativity and innovation that is most unusual i guarantee!

–justin locke

There might not be as much co-creation for fiction books, but when it comes to editing and marketing the case is exactly the same! There will be profound changes in the way fiction will be brought to the market.

What about fiction? The beautiful book that is written by a talented writer, alone. What business model changes can (s)he expect?